TVS Acquire sports motorbike company Norton
The hottest news is coming from TVS motor company, TVS Acquire sports motorbike company, Norton. TVS motor company, A reputed Indian Automobile brand and a reputed two-wheelers and three-wheelers manufacturer in the world. Tvs Announced on 17/april/2020 the successful acquisition of Britain’s most iconic sporting motorcycle, “Norton”, in an all-cash deal for consideration of GBP16 million by acquiring certain assets of Norton Motorcycles
TVS Motor Company
TVS Motors is an INDIAN Two-wheeler and three-wheeler company. TVS has a very reputed Two-wheeler and three-wheeler company in the world. There are millions of trusted consumers of TVs that are present all across the world, The best part about TVs is Build Quality, performance, and durability. Let’s pray for good luck to TVS for this huge success
Norton founded in 1898 as a manufacturer of “fittings and parts for the two-wheel trade By 1902 the company had begun manufacturing motorcycles. In 1908 a Norton-built engine was added to the range. This began a long series of production of single and than twin-cylinder motorcycles and a long history of racing involvement. During the second world war, Norton produced almost 100,000 of the military MODEL 16H and BIG 4 side valve motorcycles.
moving forward on Norton, As the time moves Norton started working on new technology and started making leader class bikes. There are so many popular bikes are available in the market and rest is the history of NORTON
Popular Bikes of NORTON
- Norton Commando 961
- Norton V4 RR. …
- Norton Atlas Ranger and Nomad. …
- Norton Superlight. …
- Norton Dominator.
TVS official notice on acquisition
Commenting on the acquisition, Mr. Sudarshan Venu, Joint Managing Director, TVS Motor Company said, “This is a momentous time for us at TVS Motor Company. Norton is an iconic British brand celebrated across the world, and presents us with an immense opportunity to scale globally. This transaction is in line with our effort to cater to the aspirations of discerning motorcycle customers. We will extend our full support for Norton to regain its full glory in the international motorcycle landscape.”
Mr. Sudarshan Venu further added, “Norton will continue to retain its distinctive identity with dedicated and specific business plans. TVS Motor will work closely with customers and employees in building the success and pre-eminence of the Norton Motorcycles brand and we look forward to growing together globally in the years to come.” ( information source)
NORTON official notice on acquisition
We are pleased and excited to announce that Norton Motorcycles is now part of the TVS Motor family and we look forward to taking Norton Motorcycles to its original iconic glory. (information source)
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